WesBank, a division of South Africa’s FirstRand, has signed a memorandum of understanding (MoU) with the National Automotive Council (NAC) to offer vehicle finance in Nigeria
Finance
India lends fifth line of credit to Gambia for US$45mn
India’s Export Import (EXIM) Bank extended two lines of credit (LOC) worth US$45mn to the government of Gambia for expansion projects at the Banjul Port
AfDB to provide US$1.2mn credit to Benin-based microfinance institution
The African Development Bank Group (AFDB) has approved a US$1.2mn line of credit (LoC) to a Benin-based microfinance organisation
Nigeria urges Indians to invest in the West African nation
Indian investors can benefit by focusing investments in Nigeria, according to finance minister Olusegun Aganga
From political liberalisation to economic empowerment
From its genesis in 1980, the Southern African Development Community (SADC) has blossomed into a robust regional economic bloc that is helping Africa gain prosperity and economic growth